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tdp2664 E money daily Citigroup Inc. (NYSE:C) has won approval of a $13.5 million settlement of shareholder claims. Citigroup Inc. (NYSE:C) Gets Settlement Approval Citigroup Inc. (NYSE:C) has won government approval for a shareholder claims settlement over the sale of its Student Loan Corp.'s unit Discover Financial Services. The Delaware Chancery Court Judge Travis Laster approved the $13.5 million settlement adding that the accord was an excellent result. The shareholders filed the case accusing that they were getting shortchanged in the sale of the unit. Citigroup Inc. (NYSE:C) spokeswoman Shannon Bell said, "Citigroup is pleased the settlement has received the court’s approval". Citigroup Inc. (NYSE:C) stocks were at 33.77 at the end of the last day’s trading. There’s been a -11.6% movement in the stock price over the past 3 months. Citigroup Inc. (NYSE:C) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.73 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.67 Zack’s Rank: 4 out of 15 in the industry
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